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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 26, 2025
Sep. 27, 2024
Operating activities:    
Net income $ 61.2 $ 121.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 55.2 59.2
Amortization of debt issuance costs 0.4 0.4
Share-based compensation expense 7.3 4.8
Asset impairments 54.6 0.7
Change in uncertain tax positions (0.8) (1.3)
Gain on disposal of property, plant and equipment, net (5.9) (26.6)
Income from equity method investments (10.9) (7.3)
Deferred income taxes (2.4) 3.4
Other, net (2.0) 3.3
Changes in operating assets and liabilities    
Receivables 38.6 (0.4)
Inventories 32.0 12.7
Prepaid expenses and other current assets (5.6) (6.6)
Accounts payable and accrued expenses 17.6 26.2
Other assets and liabilities (5.1) (2.5)
Net cash provided by operating activities 234.2 187.2
Investing activities:    
Capital expenditures (35.7) (34.1)
Proceeds from sales of property, plant and equipment 11.8 35.6
Proceeds from Insurance Settlement, Investing Activities 0.0 5.7
Investments in and advances to unconsolidated companies (11.7) (6.2)
Other investing activities (1.2) 0.0
Net cash (used in) provided by investing activities (34.4) 1.0
Financing activities:    
Proceeds from debt 309.8 315.4
Payments on debt (380.9) (445.8)
Distributions to noncontrolling interests (4.2) 0.0
Share-based awards settled in cash for taxes (0.9) (0.9)
Dividends paid (43.1) (35.9)
Repurchase and retirement of ordinary shares 14.8 0.0
Payment of deferred financing costs 0.0 (2.2)
Other financing activities (1.2) (2.7)
Net cash used in financing activities (135.3) (172.1)
Effect of exchange rate changes on cash 0.1 0.9
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 64.6 17.0
Cash and cash equivalents, beginning 32.6 33.8
Cash and cash equivalents, ending 97.2 50.8
Supplemental cash flow information:    
Cash paid for interest 11.2 14.4
Cash paid for income taxes 12.4 11.8
Non-cash financing and investing activities:    
Right-of-use assets obtained in exchange for new operating lease obligations 34.2 28.1
Noncash or Part Noncash Acquisitions [Table] 0.8 0.0
Dividends on restricted stock units 0.4 0.4
Note receivable received in exchange for minority interest in subsidiary 0.0 0.5
Conversion of note receivable in exchange for investment in unconsolidated company $ 0.0 $ 0.7